Coinbase One of Five Platforms to Lock Up Half of Staked ETH
Rapid Consolidation of Tokens May be Blow to Decentralization
By: Samuel Haig • September 16, 2022
DeFi
The Merge was supposed to be a great leap forward in the drive toward decentralization. But one day after the historic upgrade took place, five ventures controlled more than half of the ETH locked up for Ethereum staking.
To many, that may look an awful lot like centralization.
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